INSTRUCTIONS:

CHARTS OF ACCOUNTS

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JOURNAL ENTRY IS 26 LINES

use titles from charts of accounts for everything

Instructions Disalvio Co. uses a job order cost system. The following data summarize the operations related to production for May: May 1 Materials purchased on account, $603,850 Materials requisitioned, $641,100, of which $75,300 was for general factory use. Factory labor used, $688,540, of which $90,730 was indirect. Other costs incurred on account for factory overhead, $154,470; selling expenses, $234,760; and administrative expenses, $145,220. Prepaid expenses expired for factory overhead were $30,340; for selling expenses, $27,590; and for administrative expenses, $18,760. Depreciation of office building was $86,990; of office equipment, $41,730; and of factory equipment, 2 31 31 31 31 32,800. 31 Factory overhead costs applied to jobs, $363,550 31 Jobs completed, $1,017,780. 31 Cost of goods sold, $868,240 Journalize the entries to record the summarized operations. Refer to the Chart of Accounts for exact wording of account titles